Datamatics secures spot in Gartner Magic Quadrant for third consecutive yr

Datamatics International Providers Ltd secured its place within the 2024 Gartner Magic Quadrant for finance and accounting enterprise course of outsourcing for the third consecutive yr. The corporate stated that among the many 18 distributors evaluated, Datamatics was acknowledged as a distinct segment participant.

The corporate stated that its proprietary generative AI and ML-powered digital platform, FINATO, is made to streamline workflows, cut back human dependencies, and improve course of maturity with superior digital expertise.

• Additionally learn: Datamatics International Providers acquires Dextara Digital

Navin Gupta, EVP and International Head, BPM at Datamatics, stated, “At Datamatics, we’ve upgraded all our finance and accounting prospects to FINATO, a digitally augmented suite powered by synthetic intelligence, machine studying, automation, analytics, and mobility. It helps CFOs and finance leaders in AI-powered finance transformation whereas lowering processing prices and elevating course of maturity with superior digital expertise.”

The shares had been down by 8 per cent to ₹483 at 2.37 pm on the BSE.